Earlier, when BTC was still at $69,443, Sugar Brother indicated that the bullish momentum on the hourly chart had already dissipated, and a retest was expected; the trend and expectations were the same, with the price plunging by $4,000. It only began to slow its decline after reaching the short-term support at $65,198.

Currently, the market remains a standard bearish structure across all levels. Continuing to anticipate a retest is a necessary preparation. The upward movements are mostly bait moves, so there's no need to participate, but you can reserve for a high sell after a potential rally.